2-bed · 1,212 sqftLa Rive Building 1, La Mer · 3rd floor · completed 2022

316, La Rive Building 1

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 2.16M24 November 2019
Current rentAED 170K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, La Rive Building 1

What is 316 worth today?

Last sold for AED 2,155,000 in 2019

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5 Sep 2025RentedNew contract
AED 170,000/yr18 months · AED 142 per sqft
27 Nov 2024RentedRenewal
AED 168,000/yr6 months · AED 140 per sqft
27 Nov 2024RentedRenewal
AED 168,000/yr6 months · AED 140 per sqft
24 Nov 2019Sold by developerOff-plan
AED 2,155,000AED 1,778 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
3rd of 5
Parking
1
Developer
PDLM Residential
Completed
2022
Last sold
AED 2.16M · November 2019

About 316, La Rive Building 1

316 is a two-bedroom apartment of 1,212 sqft on the 3rd floor of La Rive Building 1, a 5-storey tower in La Mer completed in 2022 by PDLM Residential . The developer sold it on 24 November 2019 for AED 2,155,000, or AED 1,778 per sqft, 8% below the AED 1,940 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 5 September 2025, is AED 170,000 a year: a gross yield of 7.9% on the 2019 price.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in La Rive Building 1
2M3M20192021202320252027Typical sale price by year: 2019 AED 2,376,500; 2021 AED 2,053,000; 2022 AED 2,950,000; 2023 AED 3,000,000; 2026 AED 3,350,000Sold by developer, November 2019: AED 2,155,000 (AED 1,778 per sqft)

316 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 316, each contractTypical two-bed in La Rive Building 1
180K200K20232024202520262027Typical rent by year: 2023 AED 180,000; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 200,000Renewal, November 2024: AED 168,000 a yearRenewal, November 2024: AED 168,000 a yearNew contract, September 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in La Rive Building 1, and where 316 sits

All 33 2-beds →

316 last sold in November 2019 at AED 1,778 per sqft, 8% below what two-beds in La Rive Building 1 were fetching at the time (AED 1,940). Over the last 12 months two-beds sold for AED 3,100,000 to 5,233,340, around AED 2,764 per sqft, and rent for AED 140,000 to 250,000 a year. 316's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Apr 20263,350,000
15 Apr 20263,100,000
6 Feb 20265,233,340
23 Jun 20254,600,000
3 2-bed sales in the last 12 months

La Rive Building 1

Building

84 apartments, 1-bed to 5-bed over 5 floors in La Mer, completed in 2022 by PDLM Residential . 4 sold in the last 12 months.

Typical price per sqft
AED 2,673
Typical sale
AED 3.23M
Typical rent
AED 165K /yr
Typical yield
5.6%
La Rive Building 1, La Mer: prices, sales and rents →

Other units on the 3rd floor

All 84 units in La Rive Building 1
Value
3012-bedAED 2.48M · Nov 2019
3022-bedAED 4.6M · Jun 2025
3031-bedAED 1.85M · Apr 2022
3041-bedAED 1.73M · Jul 2019
3053-bedAED 4.2M · Nov 2019
3063-bedAED 4.95M · Jan 2022
3071-bedAED 2.2M · Jan 2023
1–7 of 17

316, La Rive Building 1 in numbers

  • Sold once: by PDLM Residential on 24 November 2019 for AED 2,155,000, or AED 1,778 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, from AED 168,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 7.9%.
  • Two-beds in La Rive Building 1 sold for AED 3,100,000–5,233,340 in the 12 months to November 2026; the building's median across all types is AED 2,673 per sqft.

Source: Dubai Land Department. Updated 5 September 2025.

Questions about 316, La Rive Building 1

What did unit 316 last sell for?

AED 2,155,000 on 24 November 2019, sold by the developer: AED 1,778 per sqft for 1,212 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 170,000 a year on the contract signed on 5 September 2025. The previous contract, from November 2024, was AED 168,000; the unit has been rented since November 2024.

How big is unit 316?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2022.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Rive Building 1 sold for AED 3,100,000 to 5,233,340 in the last 12 months, around AED 2,764 per sqft.

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Mortgage on 316, La Rive Building 1

Starts from the last sale price (AED 2.16M, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,155,000
Deposit, UAE resident (20%)
AED 431,000
Deposit, non-resident (40%)
AED 862,000
Monthly over 25 years at 3.7%
AED 8,817

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →